الجمعة، 22 يناير 2016

USDJPY The actions of the PBOC made the yen collapse

Buy on a level breakthrough of 118.37 with 118.90 target. Stop loss = 117.87.

Reason for the trading strategy

Yesterday's injection of 60.8 billion dollars (via the reverse repo operations) into the country's financial system, made by the People's Bank of China, led to a reduced demand for safe assets. The euro and the yen came under pressure.


USDJPY The actions of the PBOC made the yen collapse

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